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Comedy Central
Apr 15, 2013 7:25pm PDT
was kind of the departure point. yes? >> well it's like a narcotic. for a while the big deficits we've had, all the money printing from the fed worked. it did stimulate the economy. we had some growth. over time it becomes habit-forming. the politicians can't live without it. vent ally it begins to... >> jon: give me some of that. it then becomes debilitating. by then -- and that's where we are when we've had the serial bubbles, the dot-com total collapse. they reflaited the bubble and everybody got on board and we had the housing boom. that was phony. the credit boom and finally wall street collapsed in 2008. they bailed it out like mad. the market collapsed. the average guy lost, you know, 50, 60%, got refried after the first time being fried. now they've reflaited it a third time. guess what? >> jon: on wall street they have we're back to where we were 4,750 days ago. if you're doing long division that's 13 years. >> jon: hold on. divide by 365. jon: you knew that before you came on here though, right? you did that in your head that's impressive >> so the point is, we're at today the sa
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